Retail Shopping Center For
For Sale
Contact for pricing
6621 North Beach Street, Fort Worth, TX 76137
Shopping center for sale featuring a tenant mix within a retail center.
Property Size10,770 SF
Days on Market97
Property Features for 6621 North Beach Street
General Information
Standard status
Active
Size
10,770 SF
Property subtype
Retail
Lease Term
NNN
Site & Location
Neighborhood
Summerfields
Building Details
Building Size
10,770 SF
Year Built
1980
Properties For Sale
at 6621 North Beach Street
Suite 6625
Size
880 SF
Type
Strip Center
Term
60 months
Listing Agency:
Engvest Group - eXp Commercial
Listed By:
Daniel Eng | CCIM · License #TX #514529
(214) 926-3666
Source:
7s
Added: Jul 22
Changed: Oct 26
Last Checked: Oct 26 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engvest Group - eXp Commercial
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Investment Insights
Based on property information with market context.
This for-sale retail shopping center offers a mix of tenants in a multi-unit retail property. It is presented as a retail center with an existing tenant mix.
The property is located at 6621 North Beach Street in Fort Worth, TX. Additional details on unit mix, building size, and access are not provided in the available information.
Interested buyers should contact the listing broker for further operating and financial details, including any available tenancy or lease information.
The property is located at 6621 North Beach Street in Fort Worth, TX. Additional details on unit mix, building size, and access are not provided in the available information.
Interested buyers should contact the listing broker for further operating and financial details, including any available tenancy or lease information.
Key Highlights
- Retail shopping center built in 1980
- Shopping center for sale featuring a tenant mix within the retail center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$173,112
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,462,240
$3.5M
Cap Rate 7%
$2,473,029
$2.5M
Cap Rate 9%
$1,923,467
$1.9M
Market Conditions
NOI Build-Up for 10,770 SF
Gross rent
$259.8K $24.12/SF
− Vacancy
−$12.5K −$1.16/SF
EGI
$247.3K $22.96/SF
− OpEx
−$74.2K −$6.89/SF
NOI
$173.1K $16.07/SF
Area
ZIP 76137
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,462,240
Cap Rate 7%
$2,473,029
Cap Rate 9%
$1,923,467
Alternative Uses
Best Use
Retail
$2.47M
$2.16M – $2.89M
NOI $173,112 @ 7.0% cap · market cap 692,448.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $199,030 @ 7.0% cap · market cap 796,120.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Explore this area
Business Placement
Demographics for 76137, TX
60,555
Population
24,118
Households
2.5
Avg Household Size
34
Median Age
33%
College-Educated
92%
High-School Grad
13.6 sq mi
ZIP Area
4,453
Density / Sq Mi
$86,886
Median Household Income
$49,068
Median Earnings
$1,632
Median Rent
$283,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Shopping center for sale featuring a tenant mix within a retail center.
Where is this strip mall located?
The property is located at 6621 North Beach Street Fort Worth, TX.
What are key features of this property?
This property features: Retail shopping center built in 1980; Shopping center for sale featuring a tenant mix within the retail center
